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US Attorney Seizes $3.6 Billion From Silk Road Dark Web Fraud – Second-Largest Crypto Seizure in History

The US Department of Justice (DOJ) has seized 50,676 BTC worth around $3.36 billion in its second-largest crypto seizure in history. According to a press release by the Department of Justice, the billion-dollar seizure i...

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US Attorney Seizes $3.6 Billion From Silk Road Dark Web Fraud – Second-Largest Crypto Seizure in History
The US Department of Justice (DOJ) has seized 50,676 BTC worth around $3.36 billion in its second-largest crypto seizure in history.
According to a press release by the Department of Justice, the billion-dollar seizure is from a man who “unlawfully obtained” the coins from the dark web market, Silk Road, over a decade ago. The report said James Zhong, who was accused of committing wire fraud in September 2012 when he unlawfully obtained over 50,000 BTC, pled guilty on Friday. ...
Read More: US Attorney Seizes $3.6 Billion From Silk Road Dark Web Fraud – Second-Largest Crypto Seizure in History

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